Countries like China and South Korea developed rapidly by making themselves into cheap manufacturing hubs for Western companies. Whether or not that’s the smartest and most human option for societies to develop, some economists question whether that route will even be possible for the next wave of developing nations in Latin America and Africa. Robots and other advanced machinery may mean that it’s just as cheap to make goods in America or Europe as it is to outsource overseas.
Robots are normally seen as threats to workers in advanced countries, but the risk may be at least as great in […]
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